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  2. Paying off debt early: Advantages and disadvantages - AOL

    www.aol.com/finance/paying-off-debt-early...

    How to pay off debt early. ... So the longer you take to pay it down, the more you’ll eventually pay in interest over time. For example, if you have a $20,000 personal loan with a five-year term ...

  3. Which debt should you pay off first? Five options to consider

    www.aol.com/finance/debt-pay-off-first-five...

    Different strategies for paying off multiple debts Option 1: The “high-interest first” strategy. Paying off high-interest debt first is commonly referred to as the avalanche method. This ...

  4. Debt snowball vs. debt avalanche method: Which payoff ... - AOL

    www.aol.com/finance/debt-snowball-vs-debt...

    Here’s what the timeline and savings might look like if you first pay down the debt with the smallest balance versus the debt with the highest APR (in this example, the same line item): Debt ...

  5. 9 Fastest Ways To Pay Down Debt, According To Experts - AOL

    www.aol.com/finance/9-fastest-ways-pay-down...

    Be specific, such as I want to pay off $6,000 in debt in the next 12 months. Then you can break that down into mini-goals of $500 per month.” ... two weeks “early,” the amount of interest ...

  6. How to pay off your credit card debt: A step-by-step game ...

    www.aol.com/finance/how-to-pay-off-credit-card...

    For example, if you transfer $6,000 in credit card debt to a card offering 0% intro APR for 18 months, you could pay off the full amount by making $333 monthly payments with no added interest charges.

  7. Pay off debt or save? Expert tips to help you choose - AOL

    www.aol.com/finance/pay-off-debt-save-expert...

    Examples include an emergency fund, a down payment on a home or a car, or a vacation fund. ... Options include paying off your highest-interest debt first, paying off the smallest debt first or ...